Rs 16,258.44 Crore Order Book: Civil Construction Company Bags New Order Worth Rs 396.50 Crore From Godrej Properties Ltd
The stock is up by 38.79 per cent from its 52-week low of Rs 620.65 per share and gave multibagger returns of 407 per cent in 5 years.
Ahluwalia Contracts (India) Limited has announced that it has secured a new project. The order has been awarded by Godrej Properties Ltd. Ahluwalia Contracts will be responsible for the Core and Shell Works of Sub & Super Structure for all the Towers (T1, T2, T3, and T4), including NTA, Club & Retail, Boundary Wall, RWH, Waterproofing & LPS Works at Godrej Riverine, located in Sector-44, Noida, Uttar Pradesh. This is a domestic project, classified as a Housing Project (Residential). The project is expected to be executed over a period of 25 months. The total value of the order is Rs. 396.50 Crores (excluding GST).
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Order Book Update: Net order book as of December 31, 2024, is Rs 16,258.44 crores, expected to be executed over the next three years. Total order inflow for FY25 is Rs 7,794.37 crores. Management anticipates maintaining a similar order inflow for FY26.
Ahluwalia Contracts (India) Limited is engaged in engineering and contract construction, delivering state-of-the-art infrastructure and building projects for clients in India. Additionally, the company has experience in working on residential, commercial, power plants, hospitals, hotels, IT parks, Metro stations & depots, etc. for Government as well as private clients. The company has a market cap of over Rs 7,200 crore.
On Friday, shares of Ahluwalia Contracts (India) Limited jumped 4.24 per cent to Rs 863 per share with an intraday high of Rs 869 and an intraday low of Rs 827.95. The stock has a 52-week high of Rs 1,540 and a 52-week low of Rs 620.65.
The stock is up by 38.79 per cent from its 52-week low of Rs 620.65 per share and gave multibagger returns of 407 per cent in 5 years. Investors should keep an eye on this Small-Cap stock under their watchlist.
Disclaimer: The article is for informational purposes only and not investment advice.